Saudi Aramco

Saudi Aramco’s capex cut may impact BPCL investment plans

State-owned oil company Saudi Aramco will cut $25bn-$30bn from its capital expenditure in response to the coronavirus pandemic. However, analysts…

Schlumberger announces oil and gas manufacturing in Saudi Arabia

Oilfield services firm Schlumberger has announced a new manufacturing centre in the King Salman Energy Park (SPARK) in Saudi Arabia.…

Saudi Aramco completes world’s largest IPO

Saudi Aramco has completed the largest initial public offering (IPO) in history by raising $25.6bn for a 1.5% stake in…

Saudi oil production halved by drone attacks on Aramco plants

Saudi Arabia’s oil and gas production was halved following drone attacks on two major energy facilities owned by oil and…

Saudi pipeline expansion does little to solve Strait of Hormuz risks

Saudi Arabia’s announced expansion of its East-West Pipeline will give the country more flexibility in exporting oil but does little…

INEOS invests $2bn in Saudi Arabia

UK-based chemicals multinational INEOS has partnered with French oil and gas company Total and state owned Saudi Aramco to build three…

Top five offshore oil fields by remaining reserves

Oil and gas companies invest heavily in developing oil fields to meet the world’s growing demand for energy. But with…

Saudi Aramco replaces helicopter fleet to enhance safety

Oil and natural gas company Saudi Aramco has initiated a strategy to replace its fleet of helicopters with newer models…

Saudi Aramco awards contract to Baker Hughes for Marjan oil field

Petroleum and natural gas company Saudi Aramco has awarded an integrated services contract for its Marjan oilfield to Baker Hughes,…